Fruition token wants to introduce the Agriculture sector to the blockchain. It will allow everyone to invest in agriculture from any part of the world. Thus, it will cut down the dependence on general volatility in the crypto market. This is a new type of financial system, which combines real farming with tokenized smart contracts to generate wealth for everyone.
What Is Fruition Token?
It is a tokenized agriculture-based investment platform; it will aim at driving the acceptance of the blockchain into the agriculture sector. The aim is to first target local farmers in Malaysia. As a result, it will lead to a boost for local farm produce and help to grow profits for the local farmers and investors.
It will collaborate with major players in the blockchain and agriculture sector for the creation of international connections. This will enable a growth in exports of valued farm produce via Fruition Token. It will enable the fast-tracking of payments and allow cost reduction by eliminating middlemen and institutions that reduce the ROI for farmers.
Fruition Token Agricultural Investment Benefits
The agriculture sector is in decline in some places in the world. However, this sector will never go away for obvious reasons. It is like a gold mine but one that is never depleted. That is why the Fruition Token platform matters. With the help of the blockchain, various sticking points in the agriculture sector can be sorted out. They include farm machinery, logistics, financing, and much more.
Farmers will be issued with a billion Fruition tokens, which will be backed by real farm produce for export. The tokens will be locked up as investment collateral, which will be sure as financial based capital to consolidate and keep the token at a competing rate.
It will ensure that the tokens are protected from the volatility of the crypto market. To make their project a reality, the creators of this project have done wide scale consultations. They have talked to various experts to ensure that this project succeeds.
Fruition Token FTT Token ICO Details
Parameters Of The ICO
- Token Ticker: FTT
- Token decimal: 8
- Total Supply: 5,000,000,000 FTT
- Token Price: 1 FTT = 0.00000004 ETH
- Minim purchase: 0.01 ETH
- Token receivable: 250,000
- Soft cap: 60 ETH
- Hard cap: 120 ETH
All tokens that are unsold at the end of the token sale will be locked and used to store an equivalent in farm products. Thus, farmers will earn incentives on an annual basis.
The Fruition tokens will be listed on July 5 on 4 exchanges in succession. That means you will have the opportunity to purchase or sell this asset-backed tokens on four crypto coin exchanges.